C.A.R. launches Mortgage Protection Program
To help provide first-time home buyers with peace of mind when purchasing a home, the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.) Housing Affordability Fund is offering a new mortgage protection program to first-time home buyers.
Through the C.A.R. Housing Affordability Fund's Mortgage Protection Program, first-time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month, for six months, to help make their mortgage payments. A qualified co-buyer also can participate in the program, and receive a monthly benefit of $750 per month for up to six months. Program benefits also include coverage for accidental disability and a $10,000 death benefit.
For more information including eligibility requirements and information on applying for the C.A.R.H.A.F. Mortgage Protection Program, please visit: www.car.org/aboutus/hafmainpage/carhafmortgageprotection/
Posted at 01:25PM Jun 30, 2009 by Lupe Springer-Hodges in General | Comments[0]
